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Geometric Software adds 17 new customers
2008-01-16 17:00:55 Source : moneycontrol
Geometric Software has declared its Q3 results.
Here are the key concall takeaways:
- Revenue from operations for the quarter was Rs 1240 million, a growth of 16.1% over the corresponding quarter of the previous year.
- Operating profit was Rs. 75.52 million, as compared to Rs. 62.59 for the previous quarter, an increase of 20.7%.
- Other income was lower at Rs 25.98 million as compared to Rs 52.95 million for the previous quarter.
- Profit after tax was Rs 68.07 million as against Rs 90.68 million for the previous quarter.
- Earnings per share (EPS) for the quarter was Rs 1.09.
- Added 17 new customers and closed new business worth 9 million USD.
- Made contract in the oil and gas upstream segment, viewed to be a major growth area for PLM.
- Won a PLM customization project for a marine equipment manufacturer.
- Signed an agreement to develop a Manufacturing Business Intelligence solution for an MES products company.
- Won and started the execution of a turnkey project for a leading structural engineering software OEM.
- Entered into supply chain engineering services for a forging company to provide consulting in plant design and optimization.
- Launched the ‘e Kanban’ solution for manufacturing operations.
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